oil outpout plan unchaged. Biden disagrees.

ENTRY: 110.27
STOP LOSS: 114.72
TAKE PROFIT: 101.14

After oil went down 5% after Biden's announcement to release up to 180M barrels of oil, the market reacted fast, to the downside. the OPEC+ meeting on the other hand released the short-selling pressure and see's Ukraine Russia pressure as a long-term problem and leaves their stance unchanged. My trade idea is betting on volatility and lack of buying pressure from this past week.

Useful links:
forexlive.com/news/oil-down-over-5-after-biden-threatens-biggest-emergency-oil-reserve-draw-20220331/
forexlive.com/news/russia-is-offering-its-oil-to-india-at-a-us35-discount-to-pre-war-price-20220331/
forexlive.com/news/biden-admin-is-considering-a-massive-oil-release-to-fight-inflation-20220331/